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TSE Notches 15th Day of Straight Gains

TSE Notches 15th Day  of Straight GainsTSE Notches 15th Day  of Straight Gains

Tehran Stock Exchange’s main index gained 469.82 points or 0.60% to end Saturday trade at 78,326.3. This is TSE’s 15th day of straight gains.

More than 1.3 billion shares valued at $92 million changed hands for the day.

Sobhan Darou Company was the biggest riser, going up 4.99% to 12,870 rials per share.

Alvand Tile Company incurred the biggest loss among all TSE-listed companies as it went down 4.83% to 1,399 rials per share. Mobarakeh Steel Company gave the biggest boost to the benchmark, followed by Omid Investment Group, and Mobin Petrochemical Company.         

Saipa, Iran’s second largest automaker weighed the most on TEDPIX, followed by Iranian Investment Petrochemical Group, and Iran Telecommunications Company.

The Price Index added 291.60 points or 1.05% to end at 28,037.5.

First Market Index gathered 403.25 points or 0.73% to 55,652.1.

The Second Market Index rose by 590.62 points or 0.36% to 166,348.1.

Industry Index won 388.56 points or 0.60% to 65,168.1.

Free Float Index scored 516.68 points or 0.59% to 88,000.40.

The TSE 30 Index leapt up by 27.75 points or 0.86% to 3,258.2 and the TSE 50 Index garnered 21.27 points or 0.68% to finish at 3,130.2.

  IFX Adds 4 Points

The over-the-counter Iran Fara Bourse’s main index IFX gained 4.01 points or 0.49% to end Saturday trade at 817.41.

More than 270 million securities valued at $29.2 million were traded for the day.

Esfahan Steel Company saw the highest number of traded shares and trade value as 45.6 million of its shares worth $3.3 million changed hands.

Atieh Dadeh Pardaz Company, Alborz Bulk Company, and Omid Taban Hour Energy Management Company had the highest value increase.

Gostraesh Sarmayehgozari Iranian Company, Saman Insurance, and Ravan Fanavar Engineering Company saw the highest decline.

Tehran Oil Refining Company, Esfahan Steel Company, and Lavan Oil Refining Company gave the biggest boosts to the IFB benchmark.

Financialtribune.com